9-9-9
Fox News reporting on the The Tax Policy Center analysis of the Cain Plan.
Snips....
Herman Cain’s 9-9-9 tax plan would raise taxes on 84 percent of U.S. households, according to an independent analysis released Tuesday, .......
....
households making between $10,000 and $20,000 seeing their taxes increase by nearly 950 percent.
......
Those making more than $1 million a year would see their taxes cut nearly in half, on average, ....
....
Among those in the middle, households making between $40,000 and $50,000 would see their taxes increase by an average of $4,400, the report said. Those making between $50,000 and $75,000 would see their annual tax bill go up by an average of $4,326.....
end snips....
Cain got some ‘splaing to do......
Good.
We need to broaden the tax base and make sure all households pay something.
Right now over 50% pay no tax. Why would they even care about taxes if they pay no tax?
He could just say 999 was a joke and that America needs to get a sense of humor.
They call themselves "nonpartisan" and "independent."
And you believe them. Hm.